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Sep 25, 2012
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about five to two americans pick obama. that may be part of the reason for obama's support here. another fascinating issue here is obama looks to have neutralized what would normally be a republican edge on the issue of taxes. who will increase your taxes? 45% of the public says obama. 42% say romney. you can see the reverse here on income groups. poorer people think that obama will not raise their taxes. they think romney will. the reverse when it comes to wealthier people. this is interesting. one other thing i want to show you is change in racial support. latinos, compared to our june survey, more support for obama on the economy. african-americans overwhelming support. romney is winning the independent vote, but not in enough numbers to overwhelm this huge advantage that obama has among non-whites. you can read all about this from our exclusive all-america survey at cnbc.com. don't miss it. >> all right. we will not. stick around there, steve. more reaction to all this right now. >> we bring in peter bookbar as well as christopher wayland. chris chris, are you surprised this
about five to two americans pick obama. that may be part of the reason for obama's support here. another fascinating issue here is obama looks to have neutralized what would normally be a republican edge on the issue of taxes. who will increase your taxes? 45% of the public says obama. 42% say romney. you can see the reverse here on income groups. poorer people think that obama will not raise their taxes. they think romney will. the reverse when it comes to wealthier people. this is...
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Sep 26, 2012
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president obama wants to increase it to $300 million. in the barclays settlement alone for manipulation, they levied a fine of $200 million. i think it's a matter of resources. in the wake of snl crisis, 1,000 executives pled guilty or were convicted of felonies. we have not seen the kind of aggressive pursuit that we saw last time, and we do need to see it. look, i don't think we ought to be demanding heads on a stake. we don't want that kind of justice. we have to come away with a sense there has been a thorough and full investigation of potential wrongdoing. i still think that that's on the table, maria. >> so you think it's just that they don't have the resources to actually look as effectively as they should be. that's the reason you think we haven't seen any criminal prosecutions. >> i think that's part of the season, but i also think over the last two or three decades there's been a culture of weak enforcement where there's wrongdoing. a bank is assessed a penalty. for example, goldman violated some protocols around what are calle
president obama wants to increase it to $300 million. in the barclays settlement alone for manipulation, they levied a fine of $200 million. i think it's a matter of resources. in the wake of snl crisis, 1,000 executives pled guilty or were convicted of felonies. we have not seen the kind of aggressive pursuit that we saw last time, and we do need to see it. look, i don't think we ought to be demanding heads on a stake. we don't want that kind of justice. we have to come away with a sense there...
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Sep 25, 2012
09/12
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why is obama continuing this falsehood? >> he can say whatever he wants to and all the media will talk about is how sexy he is on "the view". >> you would not get this kid glove treatment with jimmy carter. and lucky, new yorkers learned their lesson the second time around. they voted for giuliani and look at how the city has changed. it has always been a disaster. and you feel that is the issue right now among the major media? >> i mean they should be guilty because they are democrats and the history of civil rights are black people and republicans fighting democrats. >> can we stop there? yoo my limited history is that it is the republican party going back to reconstruction that tried to lead the way for black representation in congress and later on the clock turns. >> for five minutes. >> and then it is the 60s and the the 70s with the crazy southern democrats. >> it is so awful. they pass the 14th and 15th amendment and throughout the 20s and 30s and 40s. every republican platform included calls for anti-lynching ledgis
why is obama continuing this falsehood? >> he can say whatever he wants to and all the media will talk about is how sexy he is on "the view". >> you would not get this kid glove treatment with jimmy carter. and lucky, new yorkers learned their lesson the second time around. they voted for giuliani and look at how the city has changed. it has always been a disaster. and you feel that is the issue right now among the major media? >> i mean they should be guilty because...
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Sep 24, 2012
09/12
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >>> welcome back to "fast money." i have a quick market flash for you on google hitting new all time highs today in the session and in the after hours session trading at 750 up about .1%. what the break down is bullish on the name raising the price target. positive on the stock because it is stream lining the mobility unit and saying it might be willing to sell its home segments. those are two reasons to like google. >> thank you very much. what do you do with google at this point? >> i would take a look at money calls and see if there is anything pumped up there. >> classic example of the performance. the run has been entirely in the third quarter. this is a stock that was down significantly for the year. i think this is end of quarter window dressing, folks wanting to have the name on their sheets. >> it suffered when facebook went public. >> t
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >>> welcome back to "fast money." i have a quick market flash for you on google hitting new all time highs today in the session and in the after hours session trading at 750 up about .1%. what the break down is bullish on the name raising the price target. positive on the stock because...
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Sep 25, 2012
09/12
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back. i'm back with terry duff if y looking at the issues that really moved the market. spain, protesters continue on the floor. want to show you this video that's just coming in. the spain austerity protesters clash with police tonight. they're protesting the new austerity programs outside parliame parliament. the protesters tried to tear down barriers, blocking access to the parliament in madrid. they were metal barriers that had been placed around the build
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest...
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Sep 25, 2012
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call it 5-2 in favor of obama. who would you want to coach your favorite sports team in a championship game? looking for a piece of -- people's sense of leadership there, again, about 5-2 in favor of obama. so it seems to me like there's good ferment here for romney to sell something but he is not able to close the deal with the american public. i think there's something that, again, our survey, guys is all adults because it is a financial economic sur strain, is not voters but maybe this gives you an idea where the electorate is heading as well. >> you really can't underestimate the likability aspect, would you like to have a beer with this guy? i want to ask you, steve, you are a guy that puts rhyme into reason and you have your economic cap on here, when you look at some of these seemingly conflicting results from the survey, steve, how do you explain it? >> i think -- sitting down here. >> yes, please join us here at the table. >> by the way if that is your economic cap, you need a new hatmaker, my friend. >> l
call it 5-2 in favor of obama. who would you want to coach your favorite sports team in a championship game? looking for a piece of -- people's sense of leadership there, again, about 5-2 in favor of obama. so it seems to me like there's good ferment here for romney to sell something but he is not able to close the deal with the american public. i think there's something that, again, our survey, guys is all adults because it is a financial economic sur strain, is not voters but maybe this gives...
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president barack obama was addressing the general assembly. he brought up the fact of this anti islam film that that sparked a lot of anti-american sentiment in the arab world and actually even beyond and he said as as crude and disgusting as he believes that film is as us president he will still defend the constitutional rights of americans to freedom of expression and freedom of speech but still in a song when he was addressing the u.n. . he sort of said obama was being quite hypocritical by persecuting joining us on it and his organization wiki leaks for leaking diplomatic cables what why is this seen as hypocritical well i mean it is hypocritical for the president who campaigned on the platform. encouraging whistle blowers and whistle blowing and if you look up we had exact words it was clear that whistleblowers were essential for helpful to democracy once he was elected in two thousand and eight he recalled the president who has gone to war on whistleblowers and he is cracked record is such that he has managed to to. to fight more whistle
president barack obama was addressing the general assembly. he brought up the fact of this anti islam film that that sparked a lot of anti-american sentiment in the arab world and actually even beyond and he said as as crude and disgusting as he believes that film is as us president he will still defend the constitutional rights of americans to freedom of expression and freedom of speech but still in a song when he was addressing the u.n. . he sort of said obama was being quite hypocritical by...
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Sep 27, 2012
09/12
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mitt romney says he'll label it as a china manipulate directory while obama accuses of profiting from jobs september overseas. >>> japan continues to take a hard line in its territorial dispute. let's go to the nikkei following the story for us. >> yes, prime minister noda is sticking to a hard line that japan will not compromise over its territorial issue dispute with china. in a speech to the urn and press conference yesterday, he stressed the islands are an integral part of japan and the issue should be settled under international law. but china reacted by saying china has broken international law. meanwhile the tensions continue to damage china related businesses. cancellations for flights to and from china have reached 40,000 seats. and production cuts are in china. >> stay there for one second. another story that we're following as relations between japan and china aren't going so well, japan may be getting companyier with myanmar. is that right? >> yes. the japanese government is teams up with myanmar's public and private sectors to set up a training center next spring. the aim
mitt romney says he'll label it as a china manipulate directory while obama accuses of profiting from jobs september overseas. >>> japan continues to take a hard line in its territorial dispute. let's go to the nikkei following the story for us. >> yes, prime minister noda is sticking to a hard line that japan will not compromise over its territorial issue dispute with china. in a speech to the urn and press conference yesterday, he stressed the islands are an integral part of...
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Sep 27, 2012
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i think it is crucial for president obama to take the position that netanyahu is saying and really make sure that the iranians believe that they're in trouble, which is historically the only way they've been able to prevent it. interestingly, when you talk about the price of oil, and i think this is an important component, the obama strategy seems to be, you know, keep it on the low down, on the down low, until the final moment, which i'm not an economic expert, but it seems to me that kind of strategy would result in a sudden spike when action had to be taken as opposed to the netanyahu strategy, which is to kind of steadily build up towards a point where action needs to be taken, if it boils down to that. and we've seen the markets are climbing, you know, but it's kind of at a rate where people are able to keep up with it as opposed to that sudden spike, which comes out of nowhere and nobody's expecting it and crippling markets instantaneously. >> we certainly hope that doesn't happen. thank you both for your thoughts on that. very important. >> you know, i just want to mention, i'm j
i think it is crucial for president obama to take the position that netanyahu is saying and really make sure that the iranians believe that they're in trouble, which is historically the only way they've been able to prevent it. interestingly, when you talk about the price of oil, and i think this is an important component, the obama strategy seems to be, you know, keep it on the low down, on the down low, until the final moment, which i'm not an economic expert, but it seems to me that kind of...
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Sep 26, 2012
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barack obama by 51 to 45%. when you ask who would favor the rich, 8% say president obama. 58% say mitt romney. that's not good for him. when asked does mitt romney or barack obama understand the problems of people like you, by 59% to 38% people say obama understands, romney does not. that explains why the message mitt romney is sending this morning at an earlier event in westerville, ohio, was this one. >> my heart aches for the people i have seen. yesterday i was with a woman who was emotional and she said, look, i have been out of work since may. she was in her 50s. she said, i don't see any prospects. can you help me? i said, i will do my best to help you and millions others like you. 23 million others like her. there are so many hurting right now. >> of course president obama is one of the people responsible for the bad numbers for mitt romney because he's been pushing the message that mitt romney's bane capital experience makes him ill suited to care for regular people. president obama is at bowling green
barack obama by 51 to 45%. when you ask who would favor the rich, 8% say president obama. 58% say mitt romney. that's not good for him. when asked does mitt romney or barack obama understand the problems of people like you, by 59% to 38% people say obama understands, romney does not. that explains why the message mitt romney is sending this morning at an earlier event in westerville, ohio, was this one. >> my heart aches for the people i have seen. yesterday i was with a woman who was...
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Sep 26, 2012
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president barack obama called for an end to extremism yesterday. he also paid tribute to christopher stevens, the u.s. ambassador to libya who was killed during recent protest. in his last major foreign policy address before the upcoming election, obama also reiterated his desire to find a diplomatic solution with iran, but warned that time was running out. usef joins us from iran now. as we can expect to hear from ahmadinejad later today, what might he -- are we going hear any change in rhetoric from the past? how much will the world's attention be focused on this moment? >> well, kelly, you're right. president mahmood ahmadinejad's speech is expected for later today. it comes actually quite at an interesting time because it would be the hollywoodiest dies jewish calendar. of course, obama's speech comes at a time when the united states is facing a very difficult situation in the middle east. we saw the ongoing protests, and of course, anti-u.s. sentiment is at relatively high in terms of its historical sort of context. but again, peace is hard is
president barack obama called for an end to extremism yesterday. he also paid tribute to christopher stevens, the u.s. ambassador to libya who was killed during recent protest. in his last major foreign policy address before the upcoming election, obama also reiterated his desire to find a diplomatic solution with iran, but warned that time was running out. usef joins us from iran now. as we can expect to hear from ahmadinejad later today, what might he -- are we going hear any change in...
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Sep 26, 2012
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let's look at the brand new ad from barack obama's team. then we'll slice and dice on the other side. listen. >> he attacked millions of hard-working people making 25, 35, 45,000 dollars a year. they pay social security taxes, state taxes, local taxes, gas, sales, property taxes. romney paid 14% in taxes last year on over $13 million in income. >> the obama team's complaint is romney is ignoring all of the other nonfederal taxes people pay when he's accusing them of not paying taxes. what happens in the second half of the ad? >> they are comparing apples to oranges again. >> they did the same thing they accused the romney team of doing which is ignoring all of the state, local, real estate, sales and other taxes people pay. for the record we checked. what did mitt romney pay according to his 2011 tax returns? here's what he paid in state and local taxes. he paid over 1.3 million dollars in state and local. he paid $214,000 plus in real estate taxes and a whopping $146 in personal property taxes. the point is he did pay the other taxes. the
let's look at the brand new ad from barack obama's team. then we'll slice and dice on the other side. listen. >> he attacked millions of hard-working people making 25, 35, 45,000 dollars a year. they pay social security taxes, state taxes, local taxes, gas, sales, property taxes. romney paid 14% in taxes last year on over $13 million in income. >> the obama team's complaint is romney is ignoring all of the other nonfederal taxes people pay when he's accusing them of not paying...
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as president obama orders a chinese company to abandon an american investment. also on our website for small children will have just spent a year apart from their russian mother has finished its falsely accuse their family of child abuse find out why it happened on archie dot com. a hundred thousand opposition supporters have rallied in the georgian capital tbilisi as the country gears up for parliamentary elections on monday the leaders of the opposition announced at the demonstration their shore of their victory but president saakashvili is ruling party still controls nearly eighty percent of the parliament and is ahead in the polls that's despite its campaign having that been hit hard by corruption allegations and a prison abuse scandal which brought down cabinet ministers and triggered mass protests the government has also been trying to boost its ratings as some claim at the expense of a neighboring country here's artes you go to school. the outcome of a recent alleged police operation near georgia's border with russia's republic of dagestan eleven suspecte
as president obama orders a chinese company to abandon an american investment. also on our website for small children will have just spent a year apart from their russian mother has finished its falsely accuse their family of child abuse find out why it happened on archie dot com. a hundred thousand opposition supporters have rallied in the georgian capital tbilisi as the country gears up for parliamentary elections on monday the leaders of the opposition announced at the demonstration their...
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this is president obama and the u.s. from the one hand the things are very lovely defend the principles of freedom of speech the same time can burst the plastic eating whistle blowers know he spoke not only about his own battle but about the wider implications that this could have if the us continue along this pulls the days if you can ease even the details of genie in a subject case you keep it given the media coverage a bit has been very confusing at times now a t.v. in the sun the founder of wiki leaks and wanted in sweden for questioning able sexual assault allegations that some of the soldiers critics say that him and his legal team claiming asylum from acquittal are attempting in some way to abate justice not kill innocents in the secrecy with the very day about the fact that they they want the questioning to go ahead they're ready to face up to that the full they do you say they want to sure whether they lead. us now we simply these like documents that came from the u.s. those revealed the fact that julian asuncio
this is president obama and the u.s. from the one hand the things are very lovely defend the principles of freedom of speech the same time can burst the plastic eating whistle blowers know he spoke not only about his own battle but about the wider implications that this could have if the us continue along this pulls the days if you can ease even the details of genie in a subject case you keep it given the media coverage a bit has been very confusing at times now a t.v. in the sun the founder of...
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Sep 26, 2012
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we interview people who knew obama, knew his dad. i interview obama's half brother. many times in the film you see obama doing very incriminating things. you see him lean over to medvedev and whisper to him -- >> conspiracy theory. >> yeah, let's talk after the election medvedev, i've got some stuff to give you, but if i tell the american people now -- >> the president of the united states. we can look at his record. >> the mike wasn't on. oh, the mike wasn't on, my friend. that's what he didn't want the american people to know. >> it doesn't make a difference -- >> because he cares so much, right? we don't have to listen -- >> you are smart enough to know what the american people don't know is ridiculous and you ought to be ashamed of yourself. >> you go to dartmouth together? >> i went to dartmouth because he was there. >> okay. >> because he's been fermenting this nonsense. >> for 30 years now, i cannot contribute. >> i'm glad you do, larry, but the reality is they've done some evil things. i was there when they did evil things. and i don't want to get into dinesh
we interview people who knew obama, knew his dad. i interview obama's half brother. many times in the film you see obama doing very incriminating things. you see him lean over to medvedev and whisper to him -- >> conspiracy theory. >> yeah, let's talk after the election medvedev, i've got some stuff to give you, but if i tell the american people now -- >> the president of the united states. we can look at his record. >> the mike wasn't on. oh, the mike wasn't on, my...
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Sep 24, 2012
09/12
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president obama has made a big push on the small business administration that also works closely with u.s. company, small businesses that are both trading and doing much more about porting. >> how do you work out when to make the loans and when not to? the fear is that we have the taxpayer going to fund businesses that might not pay the money back. >> for us it's very simple. we're a self sustaining agency. the fees we collect for the work we do have to pay all of our expenses. and on top of that, the last five year, we've delivered $1.9 billion to the taxpayer for deficit reduction. so when we make a loan, we have to have a reasonable assurance of being repaid because actually the fees we collect have to pay all of our expenses and they do that and more so. so in our case, it's very clear how we make those loans. >> all right. fred, thanks for joining us and our apologies for the technical problems we had earlier. >> thanks for having me. >> germany auction, 3 billion euros in size that went off with a 5.1 bid to cover ratio and a yield slightly less negative than last time, but stil
president obama has made a big push on the small business administration that also works closely with u.s. company, small businesses that are both trading and doing much more about porting. >> how do you work out when to make the loans and when not to? the fear is that we have the taxpayer going to fund businesses that might not pay the money back. >> for us it's very simple. we're a self sustaining agency. the fees we collect for the work we do have to pay all of our expenses. and...
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Oct 2, 2012
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glad president obama followed through and i think the right thing to do but if anything, i think the criticism that has arisen in the a last few years, there probably were too few strings aand, especially after the bone bown us ins started flowing again this is not to pick on jpmorgan chase. i assure you, looking at a wide variety of firms. this conduct was particularly flagrant. there have been other action brought that laid some groundwork that we took advantage of so we weren't wasting taxpayer money by reinventing the wheel, the fhfa brought a major case and the fhfa inspector general is one of our partners in the working group as well as justice, the s.e.c., hud and others. so, we are co-will be a bore writing bring as many actions as we can as quickly as we can, this just happens to be the first. >> attorney general schneiderman, four years now since the depths of the financial crisis thursday is the first gates gait for the president out of the working group for securities fraud is this the pound of flesh, everyone pushing for accountability forth banks on wall street, we are
glad president obama followed through and i think the right thing to do but if anything, i think the criticism that has arisen in the a last few years, there probably were too few strings aand, especially after the bone bown us ins started flowing again this is not to pick on jpmorgan chase. i assure you, looking at a wide variety of firms. this conduct was particularly flagrant. there have been other action brought that laid some groundwork that we took advantage of so we weren't wasting...
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with this is president obama on the u.s. role in the one hand big things a very lovely defend the principles of freedom of speech the same time conversing the plastic eating whistle blows now he spoke not only about his own battle but about the wider implications that this could have if the us continue along this cools the days if he can ease david the details the deal in the subject case you keep it given the media coverage a bit has been very confusing at times now a t.v. in the sun the founder of wiki leaks and wanted in sweden for questioning a sexual assault allegations that some of the soldiers which it saved him and his legal team claiming asylum from acquittal are attempting in some way to evade justice not kill innocents in the thick of things with the very a bit about the fact that they they want the questioning to go ahead they're ready to face up to that at the full they didn't say they want to hear it whether they pleaded. you know we simply be like documents that came from the u.s. will reveal the fact that jul
with this is president obama on the u.s. role in the one hand big things a very lovely defend the principles of freedom of speech the same time conversing the plastic eating whistle blows now he spoke not only about his own battle but about the wider implications that this could have if the us continue along this cools the days if he can ease david the details the deal in the subject case you keep it given the media coverage a bit has been very confusing at times now a t.v. in the sun the...
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and i will always defend their right to do so obama also pledged his support for arab spring nations like egypt and libya however when egypt's new president spoke at the un for the first time mohamed morsi said free speech will not be accepted as a free pass to insult islam speak only prophet. the obscenities recently released as part of an organized campaign against islamic center is unacceptable and requires a firm stand egypt respects freedom of expression one that is not directed towards one specific religion or culture but the opening of the un general assembly is usually criticized as political theater with a lot of talk this year however there was no talking with u.s. president barack obama the leader of the country hosting the un left immediately after his speech on day one and held no bilateral meetings on day to the eighth and final speech of the always controversial iranian leader saw accusations of corrupt western politics and a subtle tipping of the hot to the occupy wall street movement or are we to believe that those who spend hundreds of millions of dollars in electio
and i will always defend their right to do so obama also pledged his support for arab spring nations like egypt and libya however when egypt's new president spoke at the un for the first time mohamed morsi said free speech will not be accepted as a free pass to insult islam speak only prophet. the obscenities recently released as part of an organized campaign against islamic center is unacceptable and requires a firm stand egypt respects freedom of expression one that is not directed towards...
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Oct 2, 2012
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dodd-frank same thing, obama care similar. there's this cadre of people writing the laws of our country without input from at least half the country. >> what's the most important thing you think needs to be tackled head on. you think the fiscal cliff is the first issue? >> there are a multiple of issues that have to be acted on and obviously the fiscal cliff is a very important one. the trouble is the fiscal cliff is probably too easy to solve and kick down the road, and so therefore i doubt we would be in the fiscal cliff. i'm not sure, to be honest with you, that a fiscal cliff falling off the edge is not exactly what america needs. >> is this a wake-up call do you think at this point? it's a pretty severe wake-up call to get. >> you're describing a wake-up call to rip van winkle. how many years have we been kicking the khan down the road. that's a wake-up call for rip van winkle, somebody who has been sleeping for a multitude of years. >> you're suggesting play with fire a little bit? >> i'm suggesting that i'm interested i
dodd-frank same thing, obama care similar. there's this cadre of people writing the laws of our country without input from at least half the country. >> what's the most important thing you think needs to be tackled head on. you think the fiscal cliff is the first issue? >> there are a multiple of issues that have to be acted on and obviously the fiscal cliff is a very important one. the trouble is the fiscal cliff is probably too easy to solve and kick down the road, and so...
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of the protest and to risk he said in public obama saying that america in egypt not. that's right u.s. president barack obama said that egypt is not an ally but is not an enemy and those comments of course came after the anti-american demonstrations began in egypt and in libya and then please throughout the arab world to the white house criticize the president president morsi for not condemning the violence quick enough after a u.s. embassy was attacked in cairo so at this point we do know we can expect that in his first speech to the general assembly president morsi will address the issue of this this film that was made in the u.s. and uploaded on you tube a very. film that sparked all this anger towards america and i'm sure that will be among the many things he will be discussing when he addresses the international body armor and of course another key figure to make his address is of course the president of iran a must move his speeches are usually so good they. still meld. that's right i don't think there's ever been a speech that the iranian president has made whe
of the protest and to risk he said in public obama saying that america in egypt not. that's right u.s. president barack obama said that egypt is not an ally but is not an enemy and those comments of course came after the anti-american demonstrations began in egypt and in libya and then please throughout the arab world to the white house criticize the president president morsi for not condemning the violence quick enough after a u.s. embassy was attacked in cairo so at this point we do know we...
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Sep 25, 2012
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the political subtext is watching this man, bill clinton, introducing barack obama. the relationship between those two, so tense and fraught back in 2008. politically much improved here in 2012, even mitt romney acknowledged that earlier in his remarks to the clinton global initiative, saying an introduction by bill clinton alone is probably worth a bump in the polls, even for mitt romney. a political subtext to an important topic. >> do you think president obama was upset that bill clinton allowed mitt romney to speak? >> reporter: if he does, he'll keep it quiet. he needs bill clinton. bill clinton came through at democratic convention and that has commented what's an interesting relationship between the obama camp and clinton camp inside the democratic party. now we've heard comments from bill clinton saying he's not sure if hillary clinton will run for president in 2016. clearly the clintons are keeping that door open, depending, obviously, what happens here in 2012 and where hillary clinton goes over the next four years. there's a lot at stake here, guys, in the
the political subtext is watching this man, bill clinton, introducing barack obama. the relationship between those two, so tense and fraught back in 2008. politically much improved here in 2012, even mitt romney acknowledged that earlier in his remarks to the clinton global initiative, saying an introduction by bill clinton alone is probably worth a bump in the polls, even for mitt romney. a political subtext to an important topic. >> do you think president obama was upset that bill...
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president obama is speaking at 10:00 a.m. he's also expectth expeed to ad tensions in iran before hopping back on the campaign trail. romney will also be speaking in new york. >> he's getting some criticism for his schedule in meetings. in any case, stick around because still to come, bowing out of investment banking. the future is looking bleak for rbs. >>> meredith whitney says banks have been behind the curve in terms of downsizing and employees are paying for it now. >> if you think about all the other industries that have gotten more competitive, more profitable, the banking sector and insurance sector have been laggards behind it and they employ a lot of people. so they'll see significant layoffs. interesting for goldman, they're cutting all of their highest paid people. so it's not a great time. i think the industry is as bad as i've seen it. >> so how bad is it going to get? joining us for more is bank equity research and european banking editor. welcome to you both. do you agree with meredith whitney, is it as bad as
president obama is speaking at 10:00 a.m. he's also expectth expeed to ad tensions in iran before hopping back on the campaign trail. romney will also be speaking in new york. >> he's getting some criticism for his schedule in meetings. in any case, stick around because still to come, bowing out of investment banking. the future is looking bleak for rbs. >>> meredith whitney says banks have been behind the curve in terms of downsizing and employees are paying for it now. >>...
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Sep 27, 2012
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the obama administration -- i know you're not trying to be political here. the obama administration has put in place a number of procedures to try and fix this. the oig report recognizes that. many of the problems identified in 2007 are, in fact, being implemented, but they haven't been fully implemented. they ought to be. if we're looking for area where is the taxpayers are getting the shaft here, this has been pointed out on this show. you look at the ability to shelter money in places like the caymen islands. taxpayers are losing billions of dollars a year because of these shady taxpayers that the irs can't get information about. >> so it looks like it's nothing new, which is even sadder, really. scott and julian, got to go but thank you so much for joining us. interesting stories. >>> up next, the ozzie windfall. [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find
the obama administration -- i know you're not trying to be political here. the obama administration has put in place a number of procedures to try and fix this. the oig report recognizes that. many of the problems identified in 2007 are, in fact, being implemented, but they haven't been fully implemented. they ought to be. if we're looking for area where is the taxpayers are getting the shaft here, this has been pointed out on this show. you look at the ability to shelter money in places like...
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Sep 28, 2012
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president obama has just revoked a chinese-owned company called ralz corporation to divest its interest in wind farms. the president cites unspecified national security risks as the reason for blocking that deal. >>> let's take a little sunshine into the show. the diagnostic testmaker ceo telling our own jim cramer about the advertising promotions of the in-home hiv test and efforts to -- it's the first over-the-counter self-administered test for the virus that causes aids. it was approved by the u.s. health regulators back in july. i remember we did it on our street talk here on "street signs". >> well now for our disaster dus? jour. a company called adtran. broadband company. ethernet switches, routers, et cetera. that stock taking a big hit today. they cut their forecast in a big way. that's about half of what wall street was expected. downgraded to underperform at bank of america-merrill lynch with a target of 15 bucks. so mandy, another 2.25 down side here. >> downright scary sign of life for the u.s. economy. we find them where we can. the national retail federation says hallowe'e
president obama has just revoked a chinese-owned company called ralz corporation to divest its interest in wind farms. the president cites unspecified national security risks as the reason for blocking that deal. >>> let's take a little sunshine into the show. the diagnostic testmaker ceo telling our own jim cramer about the advertising promotions of the in-home hiv test and efforts to -- it's the first over-the-counter self-administered test for the virus that causes aids. it was...
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swing states, they favor the obama. the debate starts wednesday at 8:00 p.m. eastern. >>> and if president obama is reelected, one of the first job may be to find a replacement for geithner. the wall street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall street journal" says the company will unveil a deal with oracle today in san francisco. nokia also recently signed deals with groupon and amazon. nokia a got into the map business with it purchase and has been expanding the service. and back to the banks, shares in banco have been suspended. the bank has announced it will report record write downs of 9.3 billion euro this is year and have suspended its dividend this month. julia has more reaction to what they're saying. they'll launch the share increase by mid november. do you think they can avoid having to
swing states, they favor the obama. the debate starts wednesday at 8:00 p.m. eastern. >>> and if president obama is reelected, one of the first job may be to find a replacement for geithner. the wall street journal reports the white house chief of staff jack lew and former clinton chief of staff are two top candidates. both budget experts and could play a major role in the looming fiscal cliff. >>> nokia's into another big customer for its mapping software. the "wall...
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president obama sticks close to washington today, though, with three fund-raising events. both men were in virginia yesterday catering to the state's strong u.s. military and defense industry presence. mary jo is still with us. is mitt romney in pennsylvania because he thinks there's a chance? how important is winning pennsylvania to him? >> pennsylvania is one of several battleground states in this election and it comes town really to a handful of states including ohio and florida and of course pennsylvania and virginia. the undecided vote so far is very small, but let's keep in mind at this stage ronald reagan in 1980 was running about five points behind jimmy carter. by mid october, he was 13 points behind and yet he won the election by nine points. >> what do you think will be that catalyst for swinging things in mitt romney's favor? >> a strong debate by mitt romney. there are three of them coming up. a misstep by the president. some sort of international incident to thinks that might come out about benghazi, et cetera. i mean, six weeks is a very long time. we have 3
president obama sticks close to washington today, though, with three fund-raising events. both men were in virginia yesterday catering to the state's strong u.s. military and defense industry presence. mary jo is still with us. is mitt romney in pennsylvania because he thinks there's a chance? how important is winning pennsylvania to him? >> pennsylvania is one of several battleground states in this election and it comes town really to a handful of states including ohio and florida and of...
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >> live pictures there. this is the united nations general assembly. that is the new egyptian president mohammed morsi. he is addressing world leaders there. he has a lot on his place. he has a lot to account for where are his new president, he is of the muslim brotherhood. he has ho to show that he is in control and power of the situation there in light of a lot of unrest in that bafr the world. >>> the drawdown from afghanistan has been happening in phases, as we know, with thousands of american troops now finally coming home. well, the ultimate goal is for afghan forces to take full control of their own security by 2014. cnn's anna corin is looking at one facet of this power transfer and how they actually do this, and that is the dangerous job of trying to diffuse ied's. >> reporter: above the dusty plains of southwestern afghanistan, a u.s. m
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >> live pictures there. this is the united nations general assembly. that is the new egyptian president mohammed morsi. he is addressing world leaders there. he has a lot on his place. he has a lot to account for where are his new president, he is of the muslim brotherhood. he has ho to show that he...
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had to say it or that he's paranoid but i find very few people really is that the united states mr obama in fact yesterday that he chooses to it says diplomacy before resorting to other means and diplomacy is engagement you do not boycott the speech because you don't like to hear what is being said the side of the opposite is true you could listen to what the party has to say grievances and they're going to come to terms with it i mean iran has to sit through a whole bunch of stuff that is not exactly fashion well speaking about not everything about him being flattering iran's leader has been branded as an aggressive dictator but his latest speech was one of words like love peace and justice is a looking for a new approach to his rivals or just softening towards the end of his term. mr ahmadinejad has always spoken of social justice often. it's always about how those words are being interpreted and who interprets them i think that he sincerely believes that there is a great deal of injustice going on in his repeated this in the past and in the fact that he is opposed to the status quo an
had to say it or that he's paranoid but i find very few people really is that the united states mr obama in fact yesterday that he chooses to it says diplomacy before resorting to other means and diplomacy is engagement you do not boycott the speech because you don't like to hear what is being said the side of the opposite is true you could listen to what the party has to say grievances and they're going to come to terms with it i mean iran has to sit through a whole bunch of stuff that is not...
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i think obama has a slight lead. when you look at the middle class, obama leads 19% among those who stand up -- who think he stands up best for the middle class. 19%. but if you ask middle class people who they favor, it's even. 4 48-48. and if you ask something called middle class families, married with kids, middle class families give romney a 14-point lead. now, that tells you there's a lot of movement inside these categories. and i think generically the president's taken a slight lead but it's still a real horse race. >> the first debate on october 3rd, how often are they game changers with six weeks left in the cycle? >> you know, my experience is not that often. mostly -- they're so well-rehearsed. they play defense and don't like to make bold statements. now something might really come out of this thing. but i don't see it as kennedy/nixon or reagan/carter. but who knows? those are the two exceptions. but i think mitt romney is an underrated debater. he may not be as sophisticated as president obama, but i wat
i think obama has a slight lead. when you look at the middle class, obama leads 19% among those who stand up -- who think he stands up best for the middle class. 19%. but if you ask middle class people who they favor, it's even. 4 48-48. and if you ask something called middle class families, married with kids, middle class families give romney a 14-point lead. now, that tells you there's a lot of movement inside these categories. and i think generically the president's taken a slight lead but...
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for the sake of a bit of background for the viewers, obviously, it working group created by president obama to try go after wrong doing that led to the financial crisis, you are saying it could be the first of many, say this will set a litmus test or precedent for further cases? >> i would assume enforcement actions along the line. >> frustrating thing about the crisis and the aftermath, the cleanup phase is obvious, things don't get fixed, don't get address ready. in 2006, looking at the databases that contained the loans and securitizations, it was nuts what we were seeing, very high debt-to-income ratios, steep payment resets. these loans were made to default, either investors looked the other way, play is been some of that or not enough due diligence or misrepresentation what was in the trusts, doesn't surprise me these actions are being brought. does surprise any is so long after after. >> i don't think it will hinder jpmorgan chase's abilities to make loans. i'm not sure i would draw this connection. it underscores a broader point we want the institution and lending and enforcement ef
for the sake of a bit of background for the viewers, obviously, it working group created by president obama to try go after wrong doing that led to the financial crisis, you are saying it could be the first of many, say this will set a litmus test or precedent for further cases? >> i would assume enforcement actions along the line. >> frustrating thing about the crisis and the aftermath, the cleanup phase is obvious, things don't get fixed, don't get address ready. in 2006, looking...
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"outfront" tonight, obama vows he'll get the killers. today the president spent 24 minutes of his half-hour speech to the united nations talking about libya, the middle east and ambassador chris stevens. the speech, which was seen by american voters and viewers around the world, mentioned stevens 12 times. as the president paid tribute to him right from the start. >> chris stevens loved his work. he took pride in the country he served, and he saw dignity in the people that he met. and two weeks ago, he traveled to benghazi to review plans to establish a new cultural center and modernize a hospital. that's when america's compound came under attack. >> that's the first we learned about exactly what stevens was doing in benghazi, a city the u.s. had been warned was not safe. and the president continued in his speech vowing to find the killers. >> the attacks on the civilians in benghazi were attacks on american. we are grateful for the assistance we received from the libyan government, and from the libyan people. there should be no doubt th
"outfront" tonight, obama vows he'll get the killers. today the president spent 24 minutes of his half-hour speech to the united nations talking about libya, the middle east and ambassador chris stevens. the speech, which was seen by american voters and viewers around the world, mentioned stevens 12 times. as the president paid tribute to him right from the start. >> chris stevens loved his work. he took pride in the country he served, and he saw dignity in the people that he...
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president barack obama gave an interview in which he said egypt is not an ally of the u.s. but it's also not an enemy of the egyptian president and his u.s. counterpart have not scheduled any bilateral meetings during this u.n.g.a. debate thank you for that. in new york. now we're also you can watch all the addresses of the un general assembly for yourself you can find them live feeds on our website at r.t. dot com right now david cameron is addressing the assembly and speaking more on syria to carrying the blood of young children is a terrible stain stain on his reputation he also spoke about speaking addressing the general assembly about iranian president mahmoud ahmadinejad and his rhetorical . call for more on that you can watch that on our website at our dot com. now the words peace love and justice where used by after extensively but no matter how softer the rhetorical iran's rivals will always find reason for confrontation that's the view of jamelle the policy director of the national iranian american council. i'm not sure what the strategic thinking was in deliverin
president barack obama gave an interview in which he said egypt is not an ally of the u.s. but it's also not an enemy of the egyptian president and his u.s. counterpart have not scheduled any bilateral meetings during this u.n.g.a. debate thank you for that. in new york. now we're also you can watch all the addresses of the un general assembly for yourself you can find them live feeds on our website at r.t. dot com right now david cameron is addressing the assembly and speaking more on syria to...
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president obama tweeted. nfl fans on both sides hope that the lockout is settled soon, and governor scott brown says after catching a few hours of sleep, the packers game is still just as painful. return the refs. vice presidential paul ryan had to come in and nuke the kumbaya moment. >> it is time to get the real refs and you know what, it reminds me of president obama and the economy. if you can't get it right it's time to get out. >> all right. well, other than that, if we all agree, what is the hold-up? mitch albom is "outfront" tonight. he's author of "the time keeper." number one fiction on "the new york times" best-seller list. mitch, great to see you. it's obviously been reported two sides are meeting today. what are the odds that this is going to get settled? >> not so great. they are actually still pretty far apart. you would wonder why a league that makes $9 billion in revenue is worried about maybe about $10 million apart on a package for the referees, but it's a bit of a power struggle going on a
president obama tweeted. nfl fans on both sides hope that the lockout is settled soon, and governor scott brown says after catching a few hours of sleep, the packers game is still just as painful. return the refs. vice presidential paul ryan had to come in and nuke the kumbaya moment. >> it is time to get the real refs and you know what, it reminds me of president obama and the economy. if you can't get it right it's time to get out. >> all right. well, other than that, if we all...
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because this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it will cost them 3.5 billion euro misincreased pension costs. so you can see the conundrum. they're enacting enormous amounts of austerity, but that's denting an economy which is already in recession. its second since 2008. and things are getting worse. 25% unemployment, a million up sold homes. and we haven't even talked about the banking crisis and the autonomous region, some of which including catalonia are looking trying to get some form of assembly. it is a toxic mix. >> imagine that there will be pressure on markets as this they think unfolds. we're also counting down to the wire here of cour
because this economy is enacting extreme austerity, and this debate is relevant whether it's obama or romney. is austerity actually denting growth, is it creating more problems than it solves. let me give you one example. we have a sales tax in this country that has been raised from 16% to 18% to 21%. that has created a slight inflation issue. now, pensions are inflation linked. and this country in november has to increase pension abouts by inflation. so by raising 2.5 billion euro v.a.t., it...
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> as we hit new record mortgage rates, i just sat down with the ce
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm...
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do i think, look, obama, i get what obama's doing, he comes here and meets with four leaders and there's 25 that wonder why he didn't meet with them. he doesn't need that. >> what about netanyahu? >> well, netanyahu's been a problem. when you send the vice president to israel and the housing minister announces they're going to move into the settlements and have more illegal settlements. >> yeah. >> this is a personal problem. i don't think it's a problem between israel and america, i think it's a problem between netanyahu and obama. >> yeah. all right. >> i guess we've got to go. >> you all right? we get to see each other almost every week now. >> it's amazing. you did a great job on kudlow. >> i loved hearing you. and what we have is what this country needs. i don't know why we can't get it, do you? >> yeah, we can work this stuff out if we can sit down and talk instead of sloganeeing all the time. >> well, you forget the 9 million. >> i've got to watch you like a hawk. but anyway, thanks, governor, we appreciate it. >> see you guys later, thanks. >>> coming up, the case for precious me
do i think, look, obama, i get what obama's doing, he comes here and meets with four leaders and there's 25 that wonder why he didn't meet with them. he doesn't need that. >> what about netanyahu? >> well, netanyahu's been a problem. when you send the vice president to israel and the housing minister announces they're going to move into the settlements and have more illegal settlements. >> yeah. >> this is a personal problem. i don't think it's a problem between israel...
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it was president obama that led them through bankruptcy. let's not forget secondly that taxpayers are still on the hook for a $25 billion loss out of an $85 billion investment and let's not forget what you had over the last few years is government policies out of the obama administration that will make the auto industry less competitive in the long run because what they have done is made it harder to manufacture in the united states and harder to create jobs here and if we're going to have a u.s. auto industry that is sustainable in the long run, what mitt romney is committed to, we have to change policy and that's what mitt romney will do. >> the argument might ring hollow to someone who is an auto worker in ohio who is suddenly getting more hours, right, the overtime that he hadn't gotten the last three years. >> well, ultimately that's want because of what the president did. we don't believe it is because of what the president did. we believe it is because of the resilience of the american people. the question is what's going to get the
it was president obama that led them through bankruptcy. let's not forget secondly that taxpayers are still on the hook for a $25 billion loss out of an $85 billion investment and let's not forget what you had over the last few years is government policies out of the obama administration that will make the auto industry less competitive in the long run because what they have done is made it harder to manufacture in the united states and harder to create jobs here and if we're going to have a...